1206 N Sycamore Ave - Apartments FOR SALE


Los Angeles, CA 90038- Hollywood
$3,950,000 USD
310-968-5303
1206 N Sycamore Ave, Los Angeles, CA for Sale
$3,950,000 USD
Apartments - FOR SALE
1/55
null | Request Cap Rate

1206 N Sycamore Ave
Los Angeles, CA 90038
Hollywood


HIGHLIGHTS

  • 2019 Year Built: NO LA CITY RENT CONTROL
  • Condominium spec units
  • Incredible unit mix: All 2 and 3 bedroom two-story units
  • Central Hollywood location near fine dining and entertainment venues
  • Residential financing available

OVERVIEW

Jonathan Taksa of the Taksa Investment Group, part of RE/MAX Commercial & Investment Realty, is pleased to present 1206 N Sycamore Avenue, a rare opportunity to acquire a modern four-unit multifamily property in the heart of Hollywood, one of Los Angeles' most dynamic rental markets. Built in 2019 to condo specs, the property offers contemporary construction and design, minimizing near-term maintenance while maximizing long-term investment stability. Situated on a 6,004 square foot lot zoned LARD1.5, the building encompasses approximately 6,235 gross square feet of living space. Interior amenities include the following: LG stainless steel appliances; Custom Italian kitchen cabinetry; White quartz countertops; Central HVAC powered through Nest; LG stacked washer/dryers; Glazed porcelain flooring in the bathrooms; Freestanding bathtub in the primary bathroom, along with a double sink vanity; Calacatta walls in the bathrooms imported from Spain; Custom closets; Private rooftop decks. Each unit benefits from the quality and efficiency of newer construction, providing tenants with an attractive living environment and investors with strong rental demand in a supply-constrained market.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$243 USD /SF

# OF UNITS

4

PRICE/UNIT

$987,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2019 Year Built: Condo Spec Units

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2019

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,954 SF

ZONING

LARD1.5

APN/PARCEL ID

5532-009-028

ASK ABOUT THIS PROPERTY

Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
310-968-5303

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Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
310-968-5303

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.